EUR/USD today should stay in that range bound trade.

EURUSD

Cable is in a tight trading range, here is my view for entry points. image

Cable Update (GBPUSD)

Good point. I fully agree with your assessment.

EURUSD

Great assessment. I'll keep a close eye on it.

Cable Update (GBPUSD)

Here is my view for today on EUR/USD on the hourly chart. I see 3 possible scenarios, two longs (1,2) and one short (3). image

EURUSD

Well spotted! I fully agree with your analysis.

Cable Update (GBPUSD)

I'm looking at 2 potential scenarios for today, one long and other short. image

EURUSD

Well spotted! Unfortunately I missed it .

Cable Update (GBPUSD)

Second chance to get in with low risk and high reward . image

EURUSD

On EUR/USD I see a potential run down to 1.0803 and a great risk/reward. image

EURUSD

Hi Luzbay, I also use the daily and some times the weekly chart to see if the cost is clear. If you need an analysis let me know the instrument and time-frame that you want. Cheers.

Cable Update (GBPUSD)

You absolutely right, the force is not on my side although it did not trigger my entry .

Cable Update (GBPUSD)

Looking to get in long @ 1.4645 (entry point 1) or at 1.4659 (entry point 2) due to a classic bullish divergence. image

Cable Update (GBPUSD)

Well spotted! I'll keep it in mind.

EURUSD

The indicator is the Pivot Point. Formula for the Classic Pivot Points: R3 = R2 + RANGE (same as: PP + RANGE * 2) R2 = PP + RANGE R1 = (2 * PP) - LOW PP = (HIGH + LOW + CLOSE) / 3 S1 = (2 * PP) - HIGH S2 = PP - RANGE S3 = S2 - RANGE (same as: PP - ...

EURUSD

I wish you all a jolly Merry Christmas and a happy New Year. image

Cable Update (GBPUSD)

I fully agree with your assessment.

EURUSD

I'm looking at a potential symmetrical triangle in the hour time-frame great Risk reward, waiting fot the break. image

Cable Update (GBPUSD)

Thank you for your point of view , i was already in but after stopping out went short @ 1.4900 all the way to my Fibonacci extension @ 1.4865.

Cable Update (GBPUSD)

If the 1.4930-1.4900 support region holds it can offer a great long entry trade. I'm looking to go long above 1.4930 with a stop just below the 1.4900.

Cable Update (GBPUSD)